First Merchants Corporation Declares Cash Dividend Announcement
First Merchants Corporation Declares Cash Dividend Announcement
First Merchants Corporation has announced a cash dividend of $0.35 per share. This declaration was made recently and the dividend is set to be payable on a future date to shareholders who hold their shares as of a specific date. This dividend, an important aspect for shareholders, underscores the commitment of First Merchants Corporation to providing returns to its investors.
Corporate Overview
First Merchants Corporation operates as a financial holding entity with its headquarters located in Muncie, Indiana. It manages one full-service banking charter, known as First Merchants Bank. Beyond traditional banking services, the Bank also features First Merchants Private Wealth Advisors, which functions as a division of First Merchants Bank and offers financial advisory services tailored to individual client needs.
Stock Information
The common stock of First Merchants Corporation is listed and traded on the NASDAQ Global Select Market under the ticker symbol FRME. This status allows for wide visibility and investor engagement, with stock price quotes regularly appearing in various financial news outlets. Investors can stay updated on the company's performance by checking its official online presence.
Contact Information
For further inquiries regarding corporate information or this dividend announcement, please reach out to:
Nicole M. Weaver
Vice President and Director of Corporate Administration
Phone: 765-521-7619
Frequently Asked Questions
1. What is the amount of the declared cash dividend by First Merchants Corporation?
The declared cash dividend is $0.35 per share.
2. When is the dividend payment date?
The dividend is payable on a specific date in the future, September 20, 2024.
3. What is the significance of a dividend ex-date?
The ex-date is critical for determining which shareholders are entitled to receive the dividend. For this announcement, the ex-date is September 5, 2024.
4. Where is First Merchants Corporation headquartered?
First Merchants Corporation is headquartered in Muncie, Indiana.
5. How can I contact First Merchants Corporation for more information?
You can contact Nicole M. Weaver at 765-521-7619 for further information regarding the company and the dividend announcement.
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